Informational justice is fostered when authorities adhere to the rules of
A. consistency and accuracy.
B. equity and equality.
C. voice and accuracy.
D. justification and truthfulness.
E. respect and propriety.
Answer: D
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Which of the following is an application of the principle of systematic and rational allocation?
a. Sales commissions b. Office salaries c. Telephone expense d. Depreciation expense
Myranda wants to implement team-based work in her organization that has always done things individually. In this example, the refreezing step might look like which of the following statements:
A. Discuss the needs for the change. B. Show a new organizational chart to employees, showing that teams are the new way that work will be organized. C. Challenge assumptions regarding working alone and getting rewarded for individual effort. D. Offering team rewards and reinforcing the new way work is organized.
With regard to GASB No. 34, which of the following statements is true?
a. Government-wide financial statements should be prepared on a modified accrual basis. b. Governmental activities should be combined with the financial statements of business-type activities. c. Neither government-wide statements nor fund statements are considered superior or subordinate to the other. d. Airports would be considered a government-type activity.
Corporate officers can normally be removed by the board of directors without cause
Indicate whether the statement is true or false